Pip Diddy

Pip Diddy

Every day, I will present to you my findings and daily commentaries on what recently happened in the economic arena, possible shifts in sentiment, economic events to watch out for, and their effects on currencies.

Articles by Pip Diddy

JPY Weekly Review (Nov. 4 – 8)

JPY was under pressure for most of the wee as U.S.-China trade optimism lifted global risk sentiment. And despite a last minute run when the geopolitics turned sour, it wasn’t enough to change the yen’s fate as a net loser against the majors.

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Traders need to distinguish between trade outcomes and trade decisions. Sometimes, a good decision may have a poor outcome, and a poor decision may have a beneficial outcome.Jack D. Schwager